Wisdom of the Crowd in Experiments

• Main Author: Senninger, Larissa Katharina (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2018.
• Edition: 1st ed. 2018.
• Series: BestMasters,
• Subjects: Behavioral economics.; Banks and banking.; Behavioral Finance.; Behavioral/Experimental Economics.; Banking.

Larissa Katharina Senninger analyses the phenomenon of wisdom of the crowd in experimental capital markets. Aiming to find out which market mechanism is able to aggregate different information in a meaningful way, a continuous double auction and a call auction mechanism are tested. In line with expe...

Table of Contents:

• Wisdom of the Crowd
• Market Experiments
• Information Aggregation
• Experimental Capital Markets
• Trading Mechanisms
• Estimation of Asset Value
• Call Auction Mechanism
• Continuous Double Auction Mechanism.